573-585 S Mazon St Coal City, IL 60416
Estimated payment $2,533/month
Highlights
- First Floor Utility Room
- Coal City Intermediate School Rated A-
- Heating Available
About This Home
Owner will help rent remaining units out for 1200/unit with good offer! Or new owner could continue short/midterm leasing for 2000+/mo per unit. Fantastic true four unit building right in the heart of Coal City, a quickly-growing community. Each unit is 2 bedroom/1 bath. A great investment OR owner occupied opportunity with low money down. Very solidly built. Many recent renovations and upgrades to each unit and the exterior within the past 6 months. High demand for rentals in this area. One unit currently rented short term as a furnished rental for over 2000 per month. 3 units are vacant so that the next owner can choose how they would like to rent them out. Building structure and systems are in great shape. Some units could be aesthetically updated at new owners discretion, but otherwise- own this one for a long time with low maintenance! Agent owned.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,545
Year Built
- Built in 1978 | Remodeled in 2025
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 111x91
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 4 Bathrooms
Parking
- 12 Parking Spaces
- Driveway
- Off-Street Parking
Additional Features
- First Floor Utility Room
- Heating Available
Community Details
- 4 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,026 | $84,289 | $11,935 | $72,354 |
| 2023 | $5,607 | $78,423 | $11,104 | $67,319 |
| 2022 | $5,212 | $72,898 | $10,322 | $62,576 |
| 2021 | $5,026 | $68,921 | $9,759 | $59,162 |
| 2020 | $4,859 | $66,379 | $9,399 | $56,980 |
| 2019 | $4,576 | $63,158 | $8,943 | $54,215 |
| 2018 | $4,459 | $62,302 | $8,822 | $53,480 |
| 2017 | $4,172 | $59,699 | $8,453 | $51,246 |
| 2016 | $3,965 | $57,227 | $8,103 | $49,124 |
| 2015 | $3,599 | $52,893 | $7,825 | $45,068 |
| 2014 | $3,656 | $55,349 | $7,837 | $47,512 |
| 2013 | $3,694 | $56,710 | $8,030 | $48,680 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/04/2025 04/04/25 | Pending | -- | -- | -- |
| 03/28/2025 03/28/25 | Price Changed | $383,000 | -1.5% | -- |
| 03/19/2025 03/19/25 | For Sale | $389,000 | +38.7% | -- |
| 06/24/2024 06/24/24 | Sold | $280,500 | -12.1% | -- |
| 04/18/2024 04/18/24 | Pending | -- | -- | -- |
| 03/15/2024 03/15/24 | Price Changed | $319,000 | -1.8% | -- |
| 03/02/2024 03/02/24 | For Sale | $325,000 | 0.0% | -- |
| 03/02/2024 03/02/24 | Off Market | $325,000 | -- | -- |
| 02/26/2024 02/26/24 | For Sale | $325,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $280,500 | Fidelity National Title | |
| Quit Claim Deed | -- | None Available | |
| Trustee Deed | $175,000 | Fidelity National Title Insu | |
| Deed | $175,000 | Fidelity National Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $224,400 | New Conventional | |
| Previous Owner | $131,250 | New Conventional |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12316231
APN: 09-03-284-008
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